All Posts Tagged With: "WAG"

(WAG) Walgreen and AmerisourceBergen Get Green Light for Deal

The largest retail pharmacy chain in the U.S., Walgreen Co. (WAG) and Alliance Boots continue to make steady progress to boost their global presence in the prescription drug purchasing space. The regulatory approval for the companies’...

12Aug2013 | | Comments Off | Continued

(WAG) Walgreens Reaches New 52-Week High

Shares of Walgreen Co. (WAG) touched a new 52-week high of $50.50 on Wednesday, May 15, 2013 following strong annual results of Alliance Boots GmbH. Walgreens has a 45% equity ownership stake in the European pharmacy-led, health and...

23May2013 | | Comments Off | Continued

(TGT) Sweeping Up the Last of First Quarter Earnings – Earnings Preview

The Q1 earnings season is effectively over for most of the major sectors, with Retail as the only one that still has a number of major reports still awaited. As such, Retail has a heavy presence in this week’s earnings reports, including industry heavyweights like Target...

17May2013 | | Comments Off | Continued

(WMT) Focus Shifts to Retail Earnings – Earnings Preview

The Q1 earnings season is over for most of the major sectors, with the Retail sector as the only one that has a significant number of reports still awaited. As such, Retail has a heavy presence in this week’s earnings reports, including industry heavyweights like Wal-Mart...

15May2013 | | Comments Off | Continued

(WAG) Still Neutral on Walgreens

On Apr 17, we reaffirmed our long-term Neutral recommendation on Walgreen Co. (WAG) following the mixed second-quarter fiscal 2013 results. While the last quarter results reflect a definite improvement over the past few quarters, the...

2May2013 | | Comments Off | Continued

(RAD) Rite Aid Hits 52-Week High

Following better-than-expected fourth-quarter fiscal 2013 results and an impressive fiscal 2014 outlook, shares of Rite Aid Corp. (RAD) attained a new 52-week high of $2.33 on Friday, Apr 12, before closing at $2.31. This Zacks Rank...

21Apr2013 | | Comments Off | Continued

(WAG) Walgreens Earnings Beat Forecasts – Shares Up

Walgreen Co. (WAG) reported net earnings of $756 million or 79 cents per share in the second quarter of fiscal 2013, higher than the year-ago net earnings of $683 million or 78 cents per share. However, after adjusting for certain...

28Mar2013 | | Comments Off | Continued

(WAG) Walgreens Earnings Preview

Walgreen Co. (WAG) is slated to release its first quarter 2013 earnings results on Friday, December 21, 2012, before the market opens. The Zacks Consensus Estimate currently stands at 67 cents per share for the quarter. This represents...

23Dec2012 | | Comments Off | Continued

(AA) Fourth Quarter Earnings Season Gets Underway – Earnings Preview

Q4 Earnings Season Gets Underway We are still some days away from what is ‘unofficially’ considered the start of the fourth earnings season when aluminum producer Alcoa (AA) reports results on January 8th....

17Dec2012 | | Comments Off | Continued

(CVS) CVS Caremark Corporation Provides Impressive FY13 View

CVS Caremark Corporation (CVS), one of the largest domestic integrated pharmacy services providers, recently updated its fiscal 2013 outlook and highlighted its growth framework, while reiterating its earlier guidance for the current...

16Dec2012 | | Comments Off | Continued

(LTD) Retail Industry Stock Outlook – November 2012 – Industry Outlook

As consumer spending is the key to the viability of any economy, the health of the retail industry is an important economic indicator. According to the National Retail Federation, retail accounts for about $2.5 trillion of annual U.S. GDP and acts as a barometer for measuring the health of the nation’s...

22Nov2012 | | Comments Off | Continued

(CVS) CVS Caremark Reports Mixed Third Quarter

CVS Caremark (CVS) reported third quarter 2012 earnings per share (EPS) of 79 cents, up 21.5% year over year. However, after excluding the impact of certain acquisition related expenses from both the periods, the adjusted EPS in the...

20Nov2012 | | Comments Off | Continued

(OSUR) OraSure Technologies Unveils In-Home HIV test

OraSure Technologies (OSUR), a provider of medical devices and technologies to diagnose critical medical conditions, recently announced the availability of its OraQuick in-home HIV test at retail outlets and online, across the U.S. The...

23Oct2012 | | Comments Off | Continued

(UNH) UnitedHealth Group Discloses 2013 Medicare Plans

UnitedHealthcare – the health benefits segment of UnitedHealth Group Inc. (UNH) – has come out with its Medicare portfolio for 2013. It has also disclosed a low-cost Part-D Plan as well as its preferred pharmacy network, which...

9Oct2012 | | Comments Off | Continued

(XHB) Stock Market News for September 24, 2012

Benchmarks ended almost flat on Friday despite the initial push by Spain’s bailout hopes and the initiation of Apple’s iPhone 5 sales. Investors cheered Apple’s recent event and helped its shares to reach a lifetime high. Unfortunately, the benchmarks ended the week on a losing note following...

9Oct2012 | | Comments Off | Continued

(WAG) Walgreen Installs Health Records Solution

In an effort to provide greater flexibility to health care customers, Walgreen (WAG) recently started installing WellHealth EHR, the electronic health record (EHR) solution from Greenway Medical Technologies, Inc....

28Aug2012 | | Comments Off | Continued

(BIOS) BioScrip Analyst Remains Neutral on Shares

We are maintaining our Neutral recommendation on BioScrip Inc. (BIOS) with a target price of $8.00. BioScrip reported a loss of 7 cents per share from continued operations in the second quarter of fiscal 2012, wider than last...

26Aug2012 | | Comments Off | Continued

(CVS) CVS Caremark Corporation Shares Remain at Neutral

We have reiterated our Neutral recommendation on CVS Caremark Corporation (CVS) with a target price of $47.00. CVS Caremark’s second quarter adjusted earnings per share (EPS) increased 14.0% year over year to 81cents, beating...

21Aug2012 | | Comments Off | Continued

(ESRX) Express Scripts Holding Company Beats Forecasts – Lifts View

Express Scripts Holding Company’s (ESRX) second-quarter 2012 adjusted earnings of 88 cents per share beat the Zacks Consensus Estimate of 82 cents and increased 23.9% from the year-ago period. Higher revenues boosted earnings in...

10Aug2012 | | Comments Off | Continued

(BBY) U.S. Retail Industry Stock Outlook – August 2012 – Industry Outlook

Retailers procure goods in large quantities directly from manufacturers or wholesalers and sell them in small quantities to customers through a retail outlet or online. As consumer spending is the key to the viability of any economy, the health of retail industry is an important economic indicator. As...

8Aug2012 | | Comments Off | Continued

(AAPL) Company News for July 6, 2012 – Corporate Summary

•    Netflix, Inc.’s (NASDAQ:NFLX) CEO Reed Hastings said that for the first time the company’s streaming service recorded over 1 billion hours last month. The announcement helped the Netflix shares gain 13.4% •    Reports that...

8Jul2012 | | Comments Off | Continued

(WAG) Walgreen Inks Deal with AARP

Leading drugstore chain Walgreen (WAG) recently entered into a three-year contract with a nonprofit organization AARP, to deliver retail drugstore program benefits to its members belonging to the 50-plus age group. Although both the...

7Mar2012 | | Comments Off | Continued

(CVS) CVS Caremark Corporation Ordered by FTC to Settle Claims

Recently CVS Caremark Corporation (CVS) was asked by the Federal Trade Commission (FTC) to pay $5 million to settle all claims related to the company’s misrepresentation of prices of certain Medicare Part D prescription...

13Jan2012 | | 0 comments | Continued

(WAG) Walgreens 2012 First Quarter Earnings Scorecard

Subsequent to the announcement of Walgreen’s (WAG) first quarter 2012 (ended November 30) results on December 21, 2011, majority of the analysts have reduced their estimates for the forthcoming period. Previous Quarter...

9Jan2012 | | 0 comments | Continued

(ESRX) Walgreen Braves Express Scripts Loss

The six-month dispute with Express Scripts (ESRX) took its toll on Walgreen’s (WAG) recently released first quarter fiscal 2012 results. The company’s bottom-line...

3Jan2012 | | 0 comments | Continued

(WAG) Walgreen Plans to Offset Express Scripts Loss

Walgreen (WAG) is commencing the New Year with efforts aimed at minimizing the impact of the non-renewal of the Express Scripts (ESRX) contract, which has just lapsed....

3Jan2012 | | 0 comments | Continued

(CVS) CVS Caremark Corporation to Attend Healthcare Conference

The leading provider of prescriptions and related health care services in the US, CVS Caremark Corporation (CVS) has decided to participate in the annual JP Morgan Healthcare Conference scheduled on January 10, 2012. The company will...

30Dec2011 | | 0 comments | Continued

(AMZN) Company News for December 22, 2011 – Corporate Summary

•    Walgreen Co.’s (NYSE:WAG) first quarter fiscal 2012 earnings came in at $0.63 per share, which missed the Zacks Consensus Estimate of $0.67 a share •    Nike Inc. (NYSE:NKE)...

22Dec2011 | | 0 comments | Continued

(BBBY) Housing in the Spotlight – Earnings Preview

Earnings Preview 12/16/11 There will only be a handful of firms reporting next week as the third quarter reporting season is almost over. A total of just 34 firms are scheduled to report, including 13 of the S&P 500. Most...

19Dec2011 | | 0 comments | Continued

(AZO) U.S. Retail on the Rise

Total Retail Sales rose 0.5% in October on top of a 1.1% rise in September. Relative to a year ago they are up 7.2%. While the number is not adjusted for inflation (it is, but only for seasonality and holidays) it is still a strong showing. It was also better than the expected rise of 0.4% for the...

20Nov2011 | | 0 comments | Continued